Roularta Media N : Presentatie halfjaarresultaten 2023

Results 1H 2023

Brussels, 18 August 2023

Key facts 1H23

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1H 2023 KEY FACTS

• Sales 1H23 of € 159,4m or € 10,2 m lower than last year.
• • Advertising (€-7,5m), newsstand sales € -2,1m and Printing € -2,3m performing lower. Subscriptions up € + 1,6m thanks to acquisitions of last year.
  • On a comparable basis (same consolidation scope) sales amounted to € 156,0 m or €13,7m lower year over year. New Skool Media was acquired end of Feb22 with an impact of € -6,5m like for like and Immovlan BV was deconsolidated end of Sep22 with like for like 1H23 sales of € + 3,0m.
• EBITDA 1H23 of € 8,4m but € -9,5 m YoY
• • Next to the lower sales also lower gross margin as percentage of sales due to higher paper prices (+13% vs 1H22)
  • Higher personnel costs due to indexation and higher energy costs
  • The Group maintains a strict cost control : lower number of FTE's compared to 31/12/22 and cost savings with and within the Dutch operations.
  • Positive effect in the provisions because of the reversal of the Infobase provision of €3,4m. Last year a similar impact from the legal claim 'Deze Week' (€ 1,0m, but here a settlement of € 0,5m)

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1H 2023 KEY FACTS

• Mediafin's sales increased by 5,8% YoY thanks to the reader's market and despite lower advertising. The higher sales, however, also cannot offset the increased costs. Stand-alone EBITDA (IFRS) is € 1,0m lower YoY.
• Mediafin has a € 9,1m stand-alone EBITDA (IFRS) and a € 3,5 m net result (100%), after amortizations of the brands De Tijd/L'Echo. A 50% net result of € 1,8m is accounted for in Roularta's ebitda which is € 0,4m lower than last year.
• BigTwin (specialty motor brand):
• • Pite Media BV (JV of Roularta Media Nederland) acquired the net assets of BigTwin (magazine BigTwin + Bikeshow & Expo)

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Roularta
Number of Share	13,141,123
Free Float	15%

Stock evolution of the Roularta share	Market cap
30/06/2023
€ 217 m

Closing rate 30/06/2023 = 16,55

EUR

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